Latest in Biden administration finalizes nearly $8B in CHIPS funding for Intel
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Biden administration finalizes nearly $8B in CHIPS funding for Intel
Intel will receive about $7.86 billion in funding from the CHIPS and Science Act to build new semiconductor manufacturing facilities across four states under its finalized agreement with the Biden ...Politics - The Hill - 19 hours ago -
Biden Cuts Intel’s Chip Award by More Than $600 Million
The Silicon Valley company will receive less money from the CHIPS Act after winning a $3 billion military contract and changing some of its investment commitments.Business - The New York Times - 21 hours ago -
Biden administration finalizes $6.6B in chips grants for TSMC before Trump takes office
The White House on Friday announced it had finalized an agreement with a major semiconductor manufacturer to invest billions of dollars in facilities in Arizona as President Biden looks to cement ...Politics - The Hill - November 15 -
Intel and Commerce Department finalize $7.9 billion CHIPS Act grant
The struggling chipmaker has cut jobs and pared back expansion plans as it grapples with its worst downturn ever, making the CHIPS Act money a welcome boost.Business - CNBC - 20 hours ago -
Commerce Department to reduce Intel's funding on semiconductors
The Biden administration plans on reducing part of Intel’s $8.5 billion in federal funding for computer chip plants around the country, according to three people familiar with the grant who spoke ...Tech - ABC News - Yesterday -
In their final meeting, Xi Jinping tells Biden that 'China is ready to work with a new U.S. administration'
In their final meeting, Xi Jinping tells Biden that 'China is ready to work with a new U.S. administration'World - ABC News - November 16 -
In a meeting with Biden, China's Xi cautions US to 'make the wise choice' to keep relations stable
China’s leader Xi Jinping met for the last time with U_S_ President Joe Biden but was already looking ahead to President-elect Donald Trump and his “America first” policies, saying Beijing “is ...World - ABC News - November 16 -
A Year on, Intel’s Touted AI-chip Deals Have Fallen Short
Despite increased sales projections overall, the chipmaker did not sell as many of its Gaudi AI chips as its CEO hoped.Business - Inc. - November 1 -
Washington Curtails Intel’s Chip Grant After Company Stumbles
The Biden administration is reducing its award to the chip maker, partly to account for a multibillion-dollar military contract.Business - The New York Times - 2 days ago -
Intel Gets Up to $7.9 Billion Award for U.S. Chip-Plant Construction
The government grant is less than originally expected because the chip giant is also receiving separate funding for defense-related projects.Tech - The Wall Street Journal - 15 hours ago -
Is the Biden Administration Coming for Chrome?
The Justice Department is reportedly targeting Google’s web browser as its antitrust enforcers seek to cement a major win before Donald Trump takes office.Business - The New York Times - November 19 -
Nvidia’s revenue nearly doubles as AI chip demand remains strong
US chipmaker reassures investors seeking signs of the strength of boom that has made it world’s most valuable companyBusiness - Financial Times - 6 days ago -
How will Biden and his administration be remembered?
When President Biden took office in 2021, it appeared he had ended the Trump era in Republican politics. So how will handing the keys back to his predecessor affect his legacy? CBS News political ...Top stories - CBS News - Yesterday -
TSMC secures $11.6bn in funding as Chips Act faces uncertain future
Joe Biden’s administration is pushing to distribute funds before Donald Trump retakes the White HouseWorld - Financial Times - November 15 -
Taiwan Semiconductor secures CHIPS Act funding for three Arizona plants
Taiwan Semiconductor Manufacturing Co. is being awarded up to $6.6 billion in CHIPS Act funding, the Commerce Department said Friday.Business - MarketWatch - November 15 -
Biden asks Congress for $100B in disaster relief funding
President Biden has sent Congress an emergency funding request for roughly $100 billion to help with recovery after natural disasters, including the recent hurricanes Helene and Milton in the ...Politics - The Hill - November 18 -
Biden delivers remarks on his administration's support for unions
Watch live coverage as President Biden travels to Philadelphia to deliver remarks on what his administration has done to support unions.Top stories - NBC News - November 1 -
Which Biden administration accomplishments could be undone by Trump?
NBC News' Sahil Kapur takes a look at some of the executive actions and accomplishments President Biden and his administration have put into place that could be on the chopping block when ...Top stories - NBC News - November 15 -
Why Trump May Drop Plans to Repeal Biden’s Chips Act
The president-elect has a record of reversing policies from prior administrations, but there are many reasons he might spare Biden’s program to boost domestic semiconductor manufacturing.Business - Inc. - November 7 -
Biden Team Races to Deliver Chip Grants Before Trump Takes Over
Government officials and chip makers like Intel are in talks over billions of dollars aimed at growing domestic manufacturing.Tech - The Wall Street Journal - November 19 -
Biden Asks Congress for Nearly $100 Billion in Disaster Aid
The president said the aid was “urgently needed” as emergency programs face funding shortfalls amid the devastation after Hurricanes Helene and Milton and a string of other natural disasters.Top stories - The New York Times - November 18 -
Biden to send Congress an emergency funding bill for disaster relief
The bill will be put forth "in the coming days," a White House official said. The bill is meant to address funding shortages reported after a brutal storm season.Top stories - ABC News - November 18 -
Biden to send disaster relief funding package to Congress in coming days
President Biden will send Congress an extensive emergency funding request in the coming days, the White House said Monday, as administration officials called on Congress to approve more money ...Politics - The Hill - November 18 -
In Election’s Final Days, Dark Money and ‘Gray Money’ Fund Hidden Agendas
Big-money operatives are taking advantage of lax rules at the end of the campaign to hide the true source of their money until after the election is called — or for forever.Top stories - The New York Times - October 30 -
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European tech funding declines for third consecutive year — but the sector is finally stabilizing
VC investment in European startups is projected to decline for a third straight year, according to Atomico — but there are signs things are finally stabilizing.Business - CNBC - November 19 -
Biden administration awards $3bn to US ports for climate-friendly upgrades
Grants to be used to improve port infrastructure and reduce greenhouse gas emissions at 55 sites across the country. Joe Biden’s administration is awarding nearly $3bn to boost climate-friendly ...World - The Guardian - October 29 -
Biden administration announces $2.4 billion for new rail projects
The Biden administration announced $2.4 billion in funding for new rail projects Tuesday. Officials are hoping the investment will spur new job opportunities for Americans as they undertake 122 ...Politics - The Hill - October 30 -
Watch live: Biden touts administration's support for unions in Philadelphia
President Biden is in Philadelphia Friday afternoon to tout the administration's support for unions across the U.S. He is expected to announce actions his administration has taken that would ...Politics - The Hill - November 1 -
Coons: Voters 'didn't give us credit' for Biden administration's work
Sen. Chris Coons (D-Del.) said on Wednesday he did not think voters gave his party enough credit for the bipartisan legislation that was signed into law during the Biden administration. In an ...Politics - The Hill - November 6 -
Biden administration seeks to minimize drilling in Arctic wildlife refuge
The Biden administration on Wednesday took a step to advance legally mandated drilling in an Alaska wildlife refuge — but plans to do so on the least amount of land possible. The administration ...Politics - The Hill - November 6 -
Biden to address nation, administration working with Trump's transition team
President Biden will address the nation Thursday morning for the first time since the election as his administration works with President-elect Trump to ensure a peaceful transition. CBS News White ...Top stories - CBS News - November 7 -
Judge strikes down Biden administration policy on immigrant spouses
A federal judge struck down a Biden administration policy that provides a path to citizenship for hundreds of thousands of undocumented immigrants who are married to U.S. citizens. U.S. District ...Politics - The Hill - November 8 -
Biden administration tightens sage grouse protections ahead of second Trump term
The Bureau of Land Management (BLM) on Friday issued updates aimed at strengthening its proposed protections for the greater sage grouse — an iconic bird that inhabits public lands across the U.S. ...Politics - The Hill - November 8
